Alaska Bible College

www.akbible.edu/

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2019 Undergraduate Tuition

$9,000

0% growth from 2018

2019 Average Net Price

$18,816

After Financial Aid

2017 Student Loan

7.69%

Default Rate

2019 Enrolled Students

60% Full-Time

About

Alaska Bible College is a higher education institution located in Matanuska-Susitna Borough, AK. In 2016, the most popular Bachelor's Degree concentrations at Alaska Bible College were Biblical Studies (5 degrees awarded).

In 2019, 6 degrees were awarded across all undergraduate and graduate programs at Alaska Bible College. 66.7% of these degrees were awarded to women, and 33.3% awarded men. The most common race/ethnicity group of degree recipients was white (5 degrees), 5 times more than then the next closest race/ethnicity group, asian (1 degrees).

The median undergraduate tuition at Alaska Bible College is $9,000, which is $-5,500 less than the national average for Special Focus Institutions ($14,500).

Special Focus Four-Year: Faith-Related Institutions Special Focus Institutions

Costs

The median undergraduate tuition at Alaska Bible College is $9,000, which is $-5,500 less than the national average for Special Focus Institutions ($14,500).

After taking grants and loans into account, the average net price for students is $18,816.

In 2019, 68% of undergraduate students received federal grants, while 21% of undergraduate students received federal loans.

Student Expenses

Tuition Costs

$9,000

2019 Undergraduate Tuition

In 2019, the cost of tuition at Alaska Bible College was $9,000. The cost of tuition at Alaska Bible College is $-5,500 less than than the overall (public and private) national average for Special Focus Institutions ($14,500).

This chart compares the tuition costs of Alaska Bible College (in red) with those of other similar universities.

Average Net Price

$18,816

2019 Value

4.71%

1 Year Growth

In 2019 Alaska Bible College had an average net price — the price paid after factoring in grants and loans — of $18,816. Between 2018 and 2019, the average net price of Alaska Bible College grew by 4.71%.

This chart compares the average net price of Alaska Bible College (in red) with that of other similar universities.

Average net price is calculated from full-time beginning undergraduate students who were awarded a grant or scholarship from federal, state or local governments, or the institution.

Other Student Expenses

$7,340

Room and Board

$600

Books and Supplies

The average yearly cost of room and board at Alaska Bible College was of $7,340 in 2019. During the same period, the average yearly cost of books and supplies was $600. The cost of room and board increased by 1.12% between 2018 and 2019. The cost of books and supplies did not change during the same period.

This chart compares the average student costs at Alaska Bible College (in red) with that of similar universities.

Financial Aid

Financial Aid by Income Level

68%

Of Undergraduates Receive Grants

21%

Of Undergraduates Receive Federal Loans

68% of undergraduate students at Alaska Bible College received grants or loans in 2019. This represents a decline of 1.45% with respect to 2018, when 69% of undergraduate students received financial aid.

This chart compares the average award discount at Alaska Bible College (in red) with that of other similar universities.

The average award discount is the ratio between the average grant or scholarship value, and the cost, which is the sum of out-of-state tuition, room, board, book, supplies, and other expenses.

Student Loan Default Rate

Cohort default rates only account for borrowers who default in the first three years, and some schools only have a small proportion of borrowers entering repayment. These rates should be interpreted with caution, as they may not be reflective of the entire school population.

7.69%

2017 Default Rate

Number of Defaults

In 2017 the default rate for borrower's at Alaska Bible College was 7.69%, which represents 1 out of the 13 total borrowers.

A cohort default rate is the percentage of a school's borrowers who enter repayment on certain Federal Family Education Loan (FFEL) Program or William D. Ford Federal Direct Loan (Direct Loan) Program loans during a particular federal fiscal year (FY), October 1 to September 30, and default or meet other specified conditions prior to the end of the second following fiscal year.

Enrollment

Alaska Bible College has a total enrollment of 40 students. The full-time enrollment at Alaska Bible College is 24 students and the part-time enrollment is 16. This means that 60% of students enrolled at Alaska Bible College are enrolled full-time.

The enrolled student population at Alaska Bible College, both undergraduate and graduate, is 80% White, 10% Two or More Races, 2.5% Asian, 2.5% Black or African American, 2.5% Hispanic or Latino, 2.5% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders.

Students enrolled at Alaska Bible College in full-time Undergraduate programs are most commonly White Male (58.3%), followed by White Female (25%) and Asian Female (4.17%). Students enrolled in full-time Graduate programs are most commonly N/A, followed by N/A and N/A.

Full-Time vs Part-Time Enrollment

60%

Full-Time Enrollment

The total enrollment at Alaska Bible College, both undergraduate and graduate, is 40 students. The full-time enrollment at Alaska Bible College is 24 and the part-time enrollment is 16. This means that 60% of students enrolled at Alaska Bible College are enrolled full-time compared with 70.4% at similar Special Focus Institutions.

This chart shows the full-time vs part-time enrollment status at Alaska Bible College (in red) compares to similar universities.

Retention Rate over Time

43%

2019 Retention Rate

Retention rate measures the number of first-time students who began their studies the previous fall and returned to school the following fall. The retention rate for full-time undergraduates at Alaska Bible College was 43%. Compared with the full-time retention rate at similar Special Focus Institutions (72%), Alaska Bible College had a retention rate lower than its peers.

This chart shows the retention rate over time at Alaska Bible College (highlighted in red) compares to similar universities.

Enrollment by Race & Ethnicity

Most Common Race or Ethnicity

White
32
Two or More Races
4
Asian
1

The enrolled student population at Alaska Bible College is 80% White, 10% Two or More Races, 2.5% Asian, 2.5% Black or African American, 2.5% Hispanic or Latino, 2.5% American Indian or Alaska Native, and 0% Native Hawaiian or Other Pacific Islanders. This includes both full-time and part-time students as well as graduate and undergraduates. By comparison, enrollment for all Special Focus Institutions is 44.8% White, 15.6% Hispanic or Latino, and 14.5% Black or African American.

Graduates

In 2019, 2 more women than men received degrees from Alaska Bible College. The most common race/ethnicity group of degree recipients at Alaska Bible College is white (5 degrees awarded). There were 5 times more white graduates than the next closest race/ethnicity group, asian (1 degrees).

The most common Bachelor's Degree concentration at Alaska Bible College is Biblical Studies (5 degrees awarded), followed by N/A and N/A.

The most specialized majors across all degree types at Alaska Bible College, meaning they have significantly more degrees awarded in that concentration than the national average across all institutions, are Theology (6 degrees awarded).

Workforce

Common Jobs by Major

Clergy

Most Common Job

The most common jobs for people who hold a degree in one of the 5 most specialized majors at Alaska Bible College are Clergy (80,970 people), Elementary & middle school teachers (7,988 people), Education administrators (5,540 people), Driver/sales workers & truck drivers (5,290 people), and Other managers (5,217 people).

The most specialized majors at Alaska Bible College are Theology (6 degrees awarded).

Highest Paying Jobs by Major

Physicians

Highest Paying Job

The highest paying jobs for people who hold a degree in one of the 5 most specialized majors at Alaska Bible College are Physicians, Sales managers, Personal financial advisors, Computer & information systems managers, and Chief executives & legislators

The most specialized majors at Alaska Bible College are Theology (6 degrees awarded).

Common Industries by Major

Religious organizations

Most Common Industry

The most common industries for people who hold a degree in one of the 5 most specialized majors at Alaska Bible College are Religious organizations (87,489 people), Elementary & secondary schools (22,205 people), Colleges, universities & professional schools, including junior colleges (11,549 people), General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (8,286 people), and Construction (8,019 people).

The most specialized majors at Alaska Bible College are Theology (6 degrees awarded).

Degrees

Majors Awarded

IPEDS uses the Classification of Instructional Programs (CIP) standard, so the categories may not match the exact concentrations offered by Alaska Bible College.

Most Common

Biblical Studies
5 degree-majorss awarded
N/A
N/A degree-majorss awarded
N/A
N/A degree-majorss awarded

In 2019, the most common bachelors degree concentration at Alaska Bible College was Biblical Studies with 5 degrees awarded.

This visualization illustrates the percentage of degree-majors recipients from bachelors degree programs at Alaska Bible College according to their major.

Gender Breakdown for Common Majors

Degrees Awarded to Men

in 2019

Degrees Awarded to Women

in 2019

In 2019, 2 degrees were awarded to men at Alaska Bible College, which is 0.5 times less than the number of degrees awarded to females (4).

This chart displays the gender disparity between the top 5 majors at Alaska Bible College by degrees awarded.

Most Common Male Majors

In 2019, 2 degrees were awarded to men at Alaska Bible College in Biblical Studies, which is 0.5 times less than the 4 female recipients with that same degree.

Most Common Female Majors

In 2019, 4 degrees were awarded to women at Alaska Bible College in Biblical Studies, which is 2 times more than the 2 male recipients with that same degree.

Diversity

Graduation Rate by Race and Gender

Showing demographic groups with ≥ 5 graduating students.

N/A

Highest Graduation Rate (N/A%)

The student demographic with the highest graduation rate at Alaska Bible College is N/A and N/A (N/A% graduation rate). Across all Special Focus Institutions, Asian Female students have the highest graduation rate (69.1%).

The department of education defines graduation rate as the percentage of full-time, first-time students who received a degree or award within 150% of "normal time" to completion.

The National Center for Education Statistics (NCES) categorizes any student who is studying in the United States on a temporary basis as a "Non-Resident Alien", and the graduation rate of those students is shown in the chart below. Additionally, N/A% of graduates (N/A students) did not report their race.

Race & Ethnicity by Share

Most Common Student Race or Ethnicity

White
5 degrees awarded
Asian
1 degrees awarded
Black or African American
0 degrees awarded

The most common race/ethnicity at Alaska Bible College is white (5 degrees awarded). There were 5 times more white recipients than the next closest race/ethnicity group, asian (1 degrees).

0% of degree recipients (0 students) did not report their race.

Race & Ethnicity by Gender

Most Common Gender Demographic

White Female
3 degrees awarded
White Male
2 degrees awarded
Asian Female
1 degrees awarded

The most common race/ethnicity and gender grouping at Alaska Bible College is white female (3 degrees awarded). There were 1.5 times more white female recipients than the next closest race/ethnicity group, white male (2 degrees).

Operations

Alaska Bible College has an endowment valued at nearly $46.8k, as of the end of the 2019 fiscal year. The return on its endowment was of $713 (1.52%), compared to the 2.77% average return ($279k on $10.1M) across all Special Focus Institutions.

In 2019, Alaska Bible College had a total salary expenditure of $968k. Alaska Bible College employs 3 Associate professors, 0 N/A, and 0 N/A. Most academics at Alaska Bible College are Male Associate professors (2), Female Associate professors(1), and N/A (0).

The most common positions for non-instructional staff at Alaska Bible College are: Librarians, Curators, Archivists, and Academic Affairs and Other Education Services, with 3 employees, Business and Financial Operations, with 2 employees, and Natural Resources, Construction, and Maintenance with 1 employees.

Finances

Endowment

$46.8k

2019 Endowment

growth from 2018

Alaska Bible College has an endowment valued at about $46.8k, as of the end of the 2019 fiscal year. The endowment of Alaska Bible College stayed 0% from the previous year. The value of their endowment was $10.1M lower than than the median endowment of Special Focus Institutions according to the Carnegie Classification grouping.

This line chart shows how the endowment at Alaska Bible College (in red) compares to that of some similar universities.

The small bar chart below shows the endowment quintiles for all universities in the Special Focus Four-Year: Faith-Related Institutions Carnegie Classification grouping.

Government Grants and Contracts

Grants & Contracts

$0 - Federal
$0 - State
$0 - Local

As of 2019, Alaska Bible College received $0 in grants and contracts from the federal government, $0 from state grants and contracts, and $0 from local grants and contracts.

Expenses

Salary Expenditure

$312k

2019 Salaries

8.79%

growth from 2018

In 2019, Alaska Bible College paid a median of $312k in salaries, which represents 32.2% of their overall expenditure ($968k) and a 8.79% growth from the previous year. This is compared to a 7.55% decline from 2017 and a 21.3% growth from 2016.

The median for similar Special Focus Institutions is 2.89M (42.3% of overall expenditures).

Instructional Salaries

$90k

Instructional Salaries

Number of Employees

In 2019, Alaska Bible College paid a total of $90k to 3 employees working as instructors, which represents 28.9% of all salaries paid.

This is compared to a median of $857k (29.6%) for similar Special Focus Institutions.

Faculty and Staff

Occupations by Share

Associate professor

Most Common Instructor

3 Employees

Librarians, Curators, Archivists, and Academic Affairs and Other Education Services

Most Common Non-Instructional Employee

3 Employees

In 2019, the most common positions for instructional staff at Alaska Bible College were Associate professor with 3 employees; false with 0 employees; and false with 0 employees.

In 2019, the most common positions for non-instructional staff at Alaska Bible College were Librarians, Curators, Archivists, and Academic Affairs and Other Education Services with 3 employees; Business and Financial Operations with 2 employees; and Natural Resources, Construction, and Maintenance with 1 employees.

Instructors by Academic Rank and Gender

Most Common Demographic

Male Associate professor
Female Associate professor
false

In 2019, the most common demographic for instructional staff at Alaska Bible College was Male Associate professor with 2 employees, Female Associate professor with 1 employees, and false with 0 employees.

This chart shows the gender split between each academic rank present at Alaska Bible College.

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